Danone's dividend has tended to decline over the past two years, but has the advantage of being paid to shareholders every year without interruption for a long time. Would you like to learn more about the Danone share dividend? In this article, we offer you to discover everything you need to know about this dividend, including its precise current amount, its rhythm and dates of detachment and payment, its current and past yield as well as the history of payments over the last ten years.
The current Danone share dividend is actually the dividend that was paid in 2022 for the company's 2021 financial year. The amount of this last dividend was €1.94 per share.
It should be noted that this amount is currently unchanged from last year, as shareholders also received a dividend of €1.94 per share in 2021, for the 2020 financial year.
The payment of the Danone share dividend takes place after several essential steps. The first is, of course, the publication of Danone's financial results for the previous year. The Board of Directors then decides on the amount of the dividend, which is voted on by the shareholders at the Annual General Meeting.
Danone's dividend payment schedule is annual, which means that it is paid once a year.
In 2022, the ex-dividend date was 10 May 2022 and the payment date was 27 May 2022.
The Danone group has not yet announced the amount of its next dividend, which will be paid in 2023 and will concern the current financial year, i.e. 2022. This will be decided after the publication of this year's results.
The last dividend paid by Danone was the 2022 dividend, which was based on the 2021 results and was paid in May with an amount of €1.94 per share.
The Danone group is known as a company that regularly pays its shareholders a dividend. Indeed, the company has paid a dividend every year without interruption since 1991, i.e. for over 30 consecutive years. To better understand how the dividend of this stock evolves, here is a history of its amount over the last ten years as well as its annual evolution.
A detailed analysis of the history of the amounts of the dividend paid by Danone each year shows us that it has a tendency to increase, albeit slowly over time. We can see an average annual increase of 2.68% over the last five years and an average annual increase of 3.39% over the last ten years. This rate of increase appears to be normal.
To find out the dividend yield on Danone shares, we need to divide the amount of the dividend by the share price. This means that if you want to assess the profitability of owning this share, you should not only base yourself on the amount of this dividend, but also take into account the evolution of this value on the market.
The dividend paid by Danone in 2021 and for the financial year 2021 thus shows a yield of 3.47%.
The payout ratio of the Danone group is currently 65.99%. This means that Danone pays out a relatively large portion of its profits to its shareholders, but also retains a portion that it can then reinvest to stimulate future growth and profitability. This payout ratio is relatively normal compared to the industry average.
Over the past 10 years, Danone has paid a dividend with an average yield of 2.85%, which is slightly above its 2022 yield. Here is its history: